Capacity at the “G. Karaiskakis” stadium is set to rise from around 33,500 to 52,000 seats under a provision in a draft bill from the Ministry of Environment and Energy covering the electricity market, spatial planning and the environment.
The upgrade of the “G. Karaiskakis” stadium provides for new building terms, the reconfiguration of the stands and construction of a new roof, with the aim of bringing the venue into line with modern international standards.
The provision is part of the Ministry of Environment and Energy’s draft bill, which was opened to public consultation on 10 October.
New building terms and capacity
The provision sets new maximum height limits for the building on the west side, the new stands and the roof.
It also provides for a reduction in the maximum floor-area ratio, while the site coverage ratio is set at 60%.
At least 65% of the permitted floor-area ratio will be reserved exclusively for sports uses. The remaining 35% will be divided equally between ancillary and other uses.
At least 1,800 parking spaces
The plans include at least 1,800 parking spaces, as well as an update to the existing Environmental Terms Approval Decision (AEPO).
The update will be preceded by a traffic management study, while a joint ministerial decision is also to be issued by the ministries of Environment and Energy and Culture.
According to the briefing note, the aim is to improve the stadium’s functionality and safety, as well as upgrade its sports facilities overall. Funding for the required works will come from Olympiacos.